Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Pressure Technologies PLC - Sheffield, England-based engineering firm - Completes the sale of its precision machined components division to Raghu Vamsi Machine Tools Private Ltd. Terms of the sale remain the same as announced on September 27. The division has been sold for £6.2 million, with sale proceeds to go towards repaying a £1 million balance on Pressure Technologies’ November 2023 term loan.
Current stock price: 30.60 pence, down 1.3% in London on Wednesday afternoon
12-month change: up 13%
Copyright 2024 Alliance News Ltd. All Rights Reserved.